Defence Sector – DPP, Missions, Schemes, Security Forces, etc.

A relook at defence blacklist

  1. What: Defence Minister Parrikar said the Ministry will “re-ascertain” the list of blacklisted firms based on the new policy
  2. The new policy is called ‘Guidelines of the Ministry of Defence for penalties in business dealings with entities’
  3. It was approved by the Defence Acquisition Council (DAC) on Nov 7 and was released by the Ministry on 21 Nov
  4. The new policy has reduced the period of blanket ban to 5 years from 10 years. However, the upper limit of the ban period has not been specified
  5. The policy makes a provision to do business with a blacklisted firm for support of critical spares and maintenance in view of national security
  6. But it requires the approval of the Defence Minister
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